Bitcoin shows -1.81% reverse kimchi premium in Korean market on June 24. As of 12:00 AM KST on June 24, Bitcoin (BTC) was trading at 94.30 million KRW on South Korea’s Upbit exchange, down 2.
As of 12:00 AM KST on June 24, Bitcoin (BTC) was trading at 94.30 million KRW on South Korea’s Upbit exchange, down 2.43% from the previous day. On global exchange Binance, BTC was priced at 96.03 million KRW, reflecting a negative price gap of 1.73 million KRW and a reverse kimchi premium of -1.81%.
Ethereum (ETH), the leading altcoin, recorded a -1.86% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.85%, XRP (XRP) at -1.77%, Dogecoin (DOGE) at -1.98%, and Sui (SUI) at -1.88%. Most major altcoins are currently trading with a reverse premium in the -1.7% to -1.9% range.
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IT Times Kunyoung Kim ([email protected])
